This is the 436th most frequent Russian word.
будем
"Будем" means "we will" in English.
The word 'будем' serves to indicate the future tense of 'to be', forming a future continuous aspect in the sentence.
Мы будем работать завтра.
We will work tomorrow.
The word 'будем' here is used as part of an expression to convey a collective suggestion or wish.
Будем надеяться, что всё получится.
Let's hope that everything will work out.
In this sentence, 'будем' is part of a conditional structure, denoting a future scenario where being persistent leads to success.